The statistical table shows the income of higher education student income under 26 in the United Kingdom from 1988 to 1999.
It is clear to see the downward trend in income from the parental contribution. The percentage was significantly lower from 32% to 16%. As well as this, the grant income which was contributed 38% of total expenditure in 1988/89 but noticeably went down to 14% in 1998/99.
However, income from the student loan increased from 8% to 24% and grew by three times in total expenditure in period from 1992 to 1999. At the same time, the student earnings had been increased by two times from 6% to 12% but then dropped by 2% from 14% to 12% in 1999. On the other hand, the category of other also went up 10% in last 10 years.
Based on the Student income and Expenditure Survey, it reported all income spending was increased from 4,395 to 5,575 which was nearly ￡1,200 per student per year at July 1999 prices.
It is clear to see the downward trend in income from the parental contribution. The percentage was significantly lower from 32% to 16%. As well as this, the grant income which was contributed 38% of total expenditure in 1988/89 but noticeably went down to 14% in 1998/99.
However, income from the student loan increased from 8% to 24% and grew by three times in total expenditure in period from 1992 to 1999. At the same time, the student earnings had been increased by two times from 6% to 12% but then dropped by 2% from 14% to 12% in 1999. On the other hand, the category of other also went up 10% in last 10 years.
Based on the Student income and Expenditure Survey, it reported all income spending was increased from 4,395 to 5,575 which was nearly ￡1,200 per student per year at July 1999 prices.